Is Scotchtown a buyer's or seller's market right now?

Scotchtown is currently a seller's market with 1.4 months of supply. 20% of homes sell above asking price. The Ridley Sell Score for Scotchtown is 55/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Scotchtown?

The median home price in Scotchtown is $278,000, down 24.8% year-over-year. The median price per square foot is $235. Homes sell in a median of 23 days with a sale-to-list ratio of 101.4%.

How much does it cost to sell a home in Scotchtown, New York?

On a $278,000 home in Scotchtown, a traditional listing agent charges around $8,340 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $22,240 or more. With Ridley Essentials ($999) you save $7,341, and with Ridley Pro ($3,499) you save $4,841 while getting full agent support.

How does Ridley's flat fee compare to a traditional Scotchtown agent?

A traditional Scotchtown listing agent typically charges 3% of the sale price — about $8,340 on a $278,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $7,341–$4,841 compared to a traditional agent.

How long does it take to sell a home in Scotchtown?

The median home in Scotchtown currently spends 23 days on the market before going under contract, down 38% from last year. At a 101.4% sale-to-list ratio, sellers are getting very close to or above asking price. Only 14.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $278,000 home, that could save you up to $4,841.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $8,340 commission.

National/New York

Scotchtown, NY

Is Now a Good Time to Sell in Scotchtown, New York?

The median home in Scotchtown sells for $278,000 with prices down 24.8% year-over-year. The average seller pays $8,340 in commissions — Ridley’s flat fee saves you $4,841.

Scotchtown Real Estate Market Conditions — April 2026

55out of 100

Ridley Sell Score

How it's scored →

Moderate

55/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Scotchtown market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

1.4 months of supply — well below the 5-month balanced threshold — 42% below the New York average of 2.4.

Price MomentumFavors buyers

Prices down 24.8% year-over-year — vs. +16.2% statewide.

Seller LeverageFavors sellers

Homes selling at 101.4% of asking — sellers are getting 1.4% above list on average. New York average is 98.4%.

Bidding ActivityNeutral

20% of homes selling above list price — 41% below the New York average of 33.9%.

Sale SpeedFavors sellers

23 median days on market — 53 days faster than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 16.2% statewide.

Price StabilityNeutral

Only 14.3% of listings have dropped their price — sellers are holding firm. New York average is 13.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$278,000

-24.8%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-38%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$235

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

101.4%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.4

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

20%

Room to negotiate

Price Drops

Percentage of active listings that had a price reduction.

14.3%

Well-priced market

12-Month Price Trend

$425,000 → $278,000

▼34.6%

$450K$400K$350K$300K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Scotchtown — delivered monthly.

Your savings

How much can you save selling your home in Scotchtown?

The average Scotchtown homeowner saves $4,841 by selling with Ridley instead of paying the traditional 3% listing commission on a $278,000 home.

$0Estimated savings

That could furnish your new living room — save 1.7% of your home value

Your Scotchtown home value

$278,000

$50,000$10M

Traditional Agent (3%)

$8,340

Ridley Pro (flat fee)

$3,499

Ready to sell in Scotchtown?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Scotchtown?

The total cost to sell a house in Scotchtown in 2026 ranges from $999 with Ridley Essentials to approximately $8,340 with a traditional 3% commission on a $278,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$8,340	$3,499	$999	$0
Buyer agent	$7,7842.8% avg	$5,560~2% avg	$5,560~2% avg	$7,7842.8% avg
Closing costs (~1.5%)	$4,170	$4,170	$4,170	$4,170
Total cost	$20,294	$13,229	$10,729	$11,954
Net proceeds	$257,706	$264,771	$267,271	$266,046
You save	—	$7,065	$9,565	$8,340No support